Chris Xu, born in 1983, began his entrepreneurial journey in the tech industry after graduating from the University of Illinois at Urbana-Champaign. He initially worked for Google, honing his skills in data analysis and e-commerce strategies.

In 2007, Xu founded Shein, then known as SheInside, a small online retailer specializing in women’s clothing. The company started as a simple eBay store, with Xu and a small team managing operations from their apartments. Over time, Shein grew, expanding its product range and moving to a dedicated e-commerce platform.

Shein Owner’s Current Net Worth (2025)

As of 2025, the latest available information pegs the net worth of Shein’s owner, Chris Xu, at approximately $16.5 billion. This significant increase from his initial wealth is primarily due to Shein’s remarkable growth and success in the global fast fashion market.

Career

Chris Xu, born in 1983, founded Shein in 2008. Initially named SheInside, the company started as a dropshipping business. Xu’s innovative approach to fast fashion, leveraging technology and social media, transformed Shein into a global phenomenon, making it one of the world’s most valuable startups.

Other Ventures

Besides Shein, Xu has invested in several other ventures. In 2021, he backed the electric vehicle startup, Xpeng Motors. He also has interests in real estate, including a luxurious villa in Los Angeles. Additionally, Xu has shown interest in philanthropy, although there’s no significant public record of his donations yet.

Assets

Xu’s primary asset is his majority stake in Shein, valued at over $10 billion. He also owns multiple properties worldwide, including homes in China, the U.S., and Europe. His investment portfolio includes stakes in tech startups and real estate projects. Xu’s collection of luxury cars, including a Rolls-Royce and a Ferrari, is also part of his assets.

Annual Income

Shein’s revenue has been steadily increasing, reaching over $15 billion in 2021. As the majority stakeholder, Xu’s annual income from Shein is substantial. However, the exact figure is not publicly disclosed. Given Shein’s growth trajectory, Xu’s annual income is expected to continue rising.

Frequently Asked Questions about  Shein Owner

Frequently Asked Questions: Shein Owner Net Worth

1. Who is the owner of Shein?

The owner of Shein is Chris Xu, also known as Yangtian Xu. He is a Chinese entrepreneur who founded the company in 2008.

2. What is Shein’s main business?

Shein is a global fast fashion e-commerce platform that offers a wide range of clothing, shoes, and accessories for men, women, and children. It’s known for its low prices and rapid product turnover.

3. When was Shein founded?

Shein was founded in 2008 in Guangzhou, China.

4. How did Shein become so popular?

Shein’s popularity can be attributed to its business model that combines low prices, a vast product range, and a strong social media presence. It also uses AI and machine learning to predict trends and optimize its supply chain.

5. What is Shein’s net worth?

As of the latest estimates, Shein’s net worth is approximately $10 billion.

6. How has Shein grown over the years?

Shein has experienced significant growth since its inception. It started as an online retailer in China and has since expanded globally, becoming one of the world’s largest online fashion retailers.

7. Where is Shein headquartered?

Shein’s headquarters are in Guangzhou, China, but it has offices and warehouses around the world to facilitate its global operations.

8. Is Shein a public company?

No, Shein is a private company. It has not gone public with an initial public offering (IPO).

9. How does Shein keep its prices so low?

Shein keeps its prices low by using a vertical business model that allows it to control the entire supply chain, from design to delivery. It also uses technology to streamline operations and reduce costs.

10. What are some of the challenges Shein faces?

Some of the challenges Shein faces include allegations of poor working conditions, environmental concerns due to its fast fashion model, and competition from other online fashion retailers. It also faces regulatory challenges as it expands into different markets.